Which of the Following Statements About Dummy Variablesis False

question 14

Multiple Choice

Which of the following statements about dummy variablesis false?

• A)We can incorporate any nominal variable into regression analysis by creating one or more dummy variables.
• B)Dummy variables are also known as binary variables,nominal variables,or indicator variables.
• C)These variables take on only two values,namely 0 or 1,and those values then indicate the absence or presence of a particular nominal characteristic.
• D)All of these choices are true.

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Definitions:

Feudalism

A medieval European political, economic, and social system characterized by the granting of land in exchange for military service, operating on a hierarchy of lords and vassals.

Inheritance of Power

refers to the transfer of authority, control, or influence over others from one generation to another within families, dynasties, or organizations.

Rational Thoughts

The process of thinking clearly, logically, and without emotional bias.

Traditional Authority

A type of leadership in which the authority of an organization or a ruling regime is largely tied to tradition or custom.